BASIC KNOWLEDGE YOU SHOULD KNOW! Hopefully it helpfull for you.
EUROPEAN UNION FUNDAMENTAL BASIC 1#
- GDP
GDP is the value of all final goods and services produced in the Euro area. It is the broadest measure of economic activity and the principal indicator of economic performance.
- Current Account
Also known as the balance of payments, this data analyzes all transactions between the Euro area and the rest of the world. It is the most comprehensive measure of international transactions.
- Unemployment Rate
Percentage of the workforce
- DEM Unemployment Change
Figure expressed in thousands. A positive number means unemployment is increasing and is therefore viewed badly by the market. In reverse a negative number is actually welcome since it means unemployment is decreasing.
- CPI
This index measures the change in prices for a fixed basket of goods and services, which is purchased by consumers.
- ZEW Economic Survey
The indicator reflects the difference between the share of analysts that are optimistic and the share of analysts that are pessimistic for the expected economic development in Germany in six months.
- IFO Economic Survey
A gauge of German business confidence, based on executives' inputs.
- Industrial Production
A measure of total industrial out of Euro-zone calculated on a month over month and year over year basis.
- DEM Industrial Production
A composite index of German industrial output including manufacturing (82%), construction (9.5%), energy (5.9%),, and mining (2.7%). It is one of the most important indicators for German output performance and overall growth as industry accounts for close to 40% of GDP.
- DEM Factory Orders
An index of the volume of orders for manufactured products to German industry including intermediate goods (45.6%), capital goods (35.1%), consumer durables (11.8%), and consumer non-durables (7.4%). It is usually a good indicator of output performance.
- Retail Trade
Self-explanatory
- DEM Retail Sales
An aggregate for the sales of many forms of retail outlets, important for estimating German private consumption.
- Euro-Zone Labor Costs
The expenditures borne by employers in order to employ workers, both in terms of direct and indirect costs.
- PMI Services and Manufacturing
Survey of service providers, focuses on issues such as costs and demand.
EUROPEAN UNION FUNDAMENTAL BASIC 1#
